ࡱ> TWUDComic Sans MSxzH0:A 0B@ .  @n?" dd@  @@`` 0' 0AA@3ʚ;ʚ;g4gdgd :A 0ppp@ <4ddddL$ 0PzH 80___PPT10 pp/ 0 0 (     0 ( `/ 0DArialSans MS0ttl2 0"DComic Sans MS0ttl2 0B@ .  @n?" dd@  @@`` x  0AA@3ʚ;ʚ;g4GdGdX 0ppp@ <4dddd@w 0tH2 80___PPT10 pp   0` 33` Sf3f` 33g` f` www3PP` ZXdbmo` \ғ3y`Ӣ` 3f3ff` 3f3FKf` hk]wwwfܹ` ff>>\`Y{ff` R>&- {p_/̴>?" dd@,|?" dd@   " @ ` n?" dd@   @@``PR    @ ` ` p>> f(    6X  `}  T Click to edit Master title style! !  0]  `  RClick to edit Master text styles Second level Third level Fourth level Fifth level!     S  0 c ^ `  >*  0e ^   @*  04q ^ `  @*H  0޽h ? 3380___PPT10. Default Design 0 ! (    <G uAWhat sources of income exist for retired people going into care?BBfR  0"`   <-0 R  BRetired income"  6P@, (   0tck AState pension: Given to everyone (men over 65, women over 60) it is little more than a subsistence wage. Pensions credit can supplement the pension, it is means tested, a person needs to have saved 106 000 to qualifyL[aX"   0 dm~   0,WM i State benefits: Housing costs paid to those with no savings, free T.V. licenses to over 75 s, 200 winter fuel allowance. Local councils subsidise the cost of care homes. Council tax could be subsidised and free travel passes given.2X"   0#f    0GP[qX  r$Personal pension: 2 main types 1  defined benefit  a company will continue to pay a retiring employee a proportion of their salary for as long as they live. 2  defined contribution  a pot of money has been built up through contributions at work. An annual payment is made based upon the individual s life expectancy. As life expectancy increases so firms are trying to reduce their annual payments.2X"  0%   0hcG BContinued employment: Many in skilled occupations continue to work into their 70 s or 80 s. They may become consultants offering advice and may work part time. Older actors are needed to play such parts as wizards eg in Harry Potter.2"  6tG v (   0G   ^Other investments: Many own their own homes and can borrow money from banks. This is reclaimed upon owners death and the sale of the house. Other s may have stocks and shares.2X"  0  U  06G 6  Family support: In poorer families children may provide financial support. Although this can work both ways with the older generation helping out with childcare costs.2  0Gp DThe fear: Whilst many retired have savings the spend culture of younger people ( under 40 ) has the government fearing that they are not saving for old age. They need to be saving a quarter of their income if they do not want to work for longer.2 LB @ c $D  LB  c $D M M LB  c $D 6 LB  c $D LB  c $DmLB  c $Djz H  0޽h ? 3380___PPT10.r0_ %1( `/ 0DArialSansxzH0:A 0P    T*    0pH     V*  d  c $ ?    0&H՜.+,0    OOn-screen Shown-sI { ArialComic Sans MSDefault DesignSlide 1  Fonts UsedDesign Template Slide TitlesOh+'0Q `hx  Slide 1 End User Eleanor.Coulber3eaMicrosoft Office PowerPoint@ t4@ @T1k*GPg  8(  -- @ !--'@BComic Sans MS-. g2 @What sources of income exist for retired people going into care?        ."System --b---N%%049=@CEGGGGEC@=9400--'@BComic Sans MS-. 2 uRetired  .-@BComic Sans MS-. 2 income .---$E>4;4744516.8+:(<%>#!!#%(+.147;>><v:s8p6l5i4e4b4>4----%>4;4744516.8+:(<%>#!!#%(+.147;>><v:s8p6l5i4e4b4>4--'@BComic Sans MS-. 2 [-State pension:  .--_-_-@BComic Sans MS-. "2 [Given to everyone    .-@BComic Sans MS-. <2 r-#(men over 65, women over 60) it is .        .-@BComic Sans MS-. ?2 -%little more than a subsistence wage.         .-@BComic Sans MS-. 2 -Pensions credit    .-@BComic Sans MS-. $2 can supplement the s     .-@BComic Sans MS-. 62 -pension, it is means tested, a      .-@BComic Sans MS-. 72 - person needs to have saved 106      .-@BComic Sans MS-. 2 -000 to qualify    .---~$=,,--.015:=@CFIMMIFC@=:510.--,,,----~%=,,--.015:=@CFIMMIFC@=:510.--,,,--'@BComic Sans MS-. 2 DState benefits:  .--HH:-@BComic Sans MS-. 2 D@Housing costs    .-@BComic Sans MS-. 62 [paid to those with no savings,        .-@BComic Sans MS-. 92 r!free T.V. licenses to over 75s, g       .-@BComic Sans MS-. 12 200 winter fuel allowance.        .-@BComic Sans MS-. :2 "Local councils subsidise the cost        .-@BComic Sans MS-. 92 !of care homes. Council tax could        .-@BComic Sans MS-. 42 be subsidised and free travel       .-@BComic Sans MS-. 2  passes given.   .---$E50+%   $ (,16;AF#(-27 ; ?CGJM O%Q+R0S5S$S*S/R4Q9O>MBJGGJCN?Q;T7V2X-Y(Z#ZZFZAY;X6V1T,Q(N$J GB>94/*$5----%E50+%   $ (,16;AF#(-27 ; ?CGJM O%Q+R0S5S$S*S/R4Q9O>MBJGGJCN?Q;T7V2X-Y(Z#ZZFZAY;X6V1T,Q(N$J GB>94/*$5--'@BComic Sans MS-. !2 0Personal pension:e   .--44-@BComic Sans MS-. 2 02 main types 1     .-@BComic Sans MS-.  2 G.-@BComic Sans MS-. 2 G(defined benefit    .-@BComic Sans MS-.  2 G.-@BComic Sans MS-. 2 G a company   .-@BComic Sans MS-. 72 ^ will continue to pay a retiring         .-@BComic Sans MS-. 62 vemployee a proportion of their         .-@BComic Sans MS-. <2 #salary for as long as they live. 2 .         .-@BComic Sans MS-.  2 .-@BComic Sans MS-. '2 (defined contribution t     .-@BComic Sans MS-.  2 .-@BComic Sans MS-. 2  a pot of   .-@BComic Sans MS-. 72  money has been built up through       .-@BComic Sans MS-. 92 !contributions at work. An annual 2        .-@BComic Sans MS-. 62 payment is made based upon the       .-@BComic Sans MS-. 32 individuals life expectancy.e       .-@BComic Sans MS-. 72  As life expectancy increases so       .-@BComic Sans MS-. 92 0!firms are trying to reduce their 2          .-@BComic Sans MS-. 2 Gannual payments.   .---$E CDDEGHJMORUY\`dhlmquy} }yuqmlhd`\YUROMJHGEDDC C----%E CDDEGHJMORUY\`dhlmquy} }yuqmlhd`\YUROMJHGEDDC C--'@BComic Sans MS-. 2 c Continued  .--ggK-@BComic Sans MS-. 2 z employment:e    .--~~f-@BComic Sans MS-. 2 zlMany in   .-@BComic Sans MS-. %2 skilled occupations    .-@BComic Sans MS-. (2 continue to work into      .-@BComic Sans MS-. %2 their 70s or 80s.       .-@BComic Sans MS-. 2 They may become    .-@BComic Sans MS-. '2 consultants offering    .-@BComic Sans MS-. %2 advice and may work     .-@BComic Sans MS-. !2 part time. Older r    .-@BComic Sans MS-. '2 4actors are needed to     .-@BComic Sans MS-. $2 Lplay such parts as o     .-@BComic Sans MS-. 2 cwizards  .-@BComic Sans MS-.  2 c=eg .-@BComic Sans MS-. 2 cX in Harry b  .-@BComic Sans MS-. 2 zPotter.  .---n$5}zxsnkhgffffefhfkgnhqkvnzs}xz}}zvqnkhe----n%5}zxsnkhgffffefhfkgnhqkvnzs}xz}}zvqnkhe--'@BComic Sans MS-. "2 iOther investments:   .--i-@BComic Sans MS-. 2 %Many own their      .-@BComic Sans MS-. 62 iown homes and can borrow money        .-@BComic Sans MS-. <2 #i#from banks. This is reclaimed upon .         .-@BComic Sans MS-. 92 ;i!owners death and the sale of the n         .-@BComic Sans MS-. <2 Ri#house. Others may have stocks and .       .-@BComic Sans MS-. 2 iishares. .---~$=KNQUWZ]aeghijjkkjjihgea]ZWUQNK----~%=KNQUWZ]aeghijjkkjjihgea]ZWUQNK--'@BComic Sans MS-. 2 Family support:   .--k-@BComic Sans MS-. 2 r In poorer  .-@BComic Sans MS-. (2 families children may     .-@BComic Sans MS-. 02 provide financial support. n      .-@BComic Sans MS-. *2 Although this can work      .-@BComic Sans MS-. -2 *both ways with the older .      .-@BComic Sans MS-. *2 Bgeneration helping out      .-@BComic Sans MS-. '2 Ywith childcare costs.t    .-@BComic Sans MS-. 2  The fear:  .-@BComic Sans MS-. f2 v?Whilst many retired have savings the spend culture of younger p               .-@BComic Sans MS-. 02 eople ( under 40 ) has the n      .-@BComic Sans MS-. g2  @government fearing that they are not saving for old age. They ne                .-@BComic Sans MS-. K2 U-ed to be saving a quarter of their income if             .-@BComic Sans MS-. =2  $they do not want to work for longer.        .---%V--'--%--'--%--'--%_--'--%0--'--%0v--'  0  RClick to edit Master text styles Second level Third level Fourth level Fifth level!    S   6 _P   T*    6 _   V*  H  0޽h ? 3380___PPT10.kP) H@ (    <, Root EntrydO)}]1kPowerPoint Document(ISummaryInformation(QDocumentSummaryInformation8 @F !"#$%&'()*+,-./0123456789:;<=>?AGDHIJKLMNOPQRSCurrent UserM '_iIHEleanor.CoulberEleanor.CoulberG t@What sources of income exist for retired people going into care?AAfR  0"`   <0 R  BRetired income"  6t, <     0Pk AState pension: Given to everyone (men over 65, women over 60) it is little more than a subsistence wage. Pensions credit can supplement the pension, it is means tested, a person needs to have saved 106 000 to qualifyL[aX"   0 dm~   0M i State benefits: Housing costs paid to those with no savings, free T.V. licenses to over 75 s, 200 winter fuel allowance. Local councils subsidise the cost of care homes. Council tax could be subsidised and free travel passes given.2X"   0#f    0'P[qX  r$Personal pension: 2 main types 1  defined benefit  a company will continue to pay a retiring employee a proportion of their salary for as long as they live. 2  defined contribution  a pot of money has been built up through contributions at work. An annual payment is made based upon the individual s life expectancy. As life expectancy increases so firms are trying to reduce their annual payments.2X"  0%   00 BContinued employment: Many in skilled occupations continue to work into their 70 s or 80 s. They may become consultants offering advice and may work part time. Older actors are needed to play such parts as wizards eg in Harry Potter.2"  68 v <     0;   ^Other investments: Many own their own homes and can borrow money from banks. This is reclaimed upon owners death and the sale of the house. Other s may have stocks and shares.2X"  0  U  0|B 6  Family support: In poorer families children may provide financial support. Although this can work both ways with the older generation helping out with childcare costs.2  0 Hp DThe fear: Whilst many retired have savings the spend culture of younger people ( under 40 ) has the government fearing that they are not saving for old age. They need to be saving a quarter of their income if they do not want to work for longer.2 LB @ c $D  LB  c $D M M LB  c $D 6 LB  c $D LB  c $DmLB  c $Djz H  0޽h ? 3380___PPT10. 0 @ (  X  C       S   0   " H  0޽h ? 3380___PPT10.kP)rT%0Q/;)1Gm0%IIRoot EntrydO)ӆ@PowerPoint Document(ISummaryInformation(QDocumentSummaryInformation8 @X !"#$%&'()*+,-./0123456789:;<=>?AGHIJKLMNOPQRSVCurrent User5_iIClaireWClaireWanor.Coulber